Big news for Bitcoin! A company called Core is teaming up with others to let people earn money on their Bitcoin without having to do tricky things with computers. It's like getting interest on your savings, but with Bitcoin.
- Core created a special Bitcoin token called IstBTC to make this easier.
- You can earn extra Bitcoin by letting others use your Bitcoin temporarily.
- This helps Bitcoin's network stay strong and secure.
- A new token will let you use your Bitcoin for other things even while it's earning you money.
Fact | Details |
---|---|
APY (Annual Percentage Yield) | 5% or more (90-day lockup) |
New token (lstBTC) | Instantly redeemable for better liquidity. Lower APR (Annual Percentage Rate) expected |
Bitcoin's future | Staking helps Bitcoin's security. |